Stock Market Speculation Trade, Tariffs and Inflation & Tariffs Expand to Export Taxes

The stock market has done well so far this year, but with that has come an increase in speculation that makes the market appear riskier. This year, there have been a number of companies that have gone public for the first time and experienced a big surge in their stock price in the first few days of trading. The speculative meme stock has also reemerged this year. Finally, the amount of money borrowed to invest in stocks, generally a speculative investment activity, surged in June to a new all-time high.So far, the increase in tariffs, which are basically a tax on imported goods, has not led to an increase in consumer prices. This has puzzled economists who expected that at least a portion of the increase in costs would be passed on to consumers. However, a new theory and new data show that due to the complexity of trade law and existing trade agreements, the actual tariffs applied may be lower than previously announced.The US government has shifted policy from focusing on taxing imports into the US in the form of tariffs to taxing US exports to certain countries. While this may bring in additional funds to help improve the US deficit, it could also set a dangerous precedent in which the most successful US companies have restricted access to foreign markets that don’t originate from the destinationmarket, as has been the case in the past, but rather from the country of origin. This could reduce new companies’ ability to access capital to grow.Plus, a look at the Planned Solutions Incorporated Office Bulletin Board -As the labor market tightens, fraudsters have found a new way to steal job hunters’ personal information. It is now estimated that millions of jobs posted online are “ghost jobs.” Ghost jobs are job postings where there is no actual job available. Those who have received an email from Planned Solutions recently will likely notice an addition at the bottom of the email. As a reminder, please do not attach documents or send information via email if it contains personally identifiable information (including social security numbers, bank information, account numbers, etc.). Please get in touch with our office, and a secure link can be provided. To subscribe to the Personal Finance Review (the written form of all the content we discuss on the podcast), please e-mail ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠The Personal Finance Review is published and distributed biweekly by Planned Solutions, Inc. for informational purposes only. Please seek the advice of a qualified financial planner before taking any action. Chase Armer's book- Financial Planning Insights is now available at: ⁠⁠⁠⁠⁠⁠https://www.amazon.com/Financial-Plan... ⁠Planned Solutions, Inc.ADDRESS: 1130 Iron Point Road, Suite 170 Folsom, CA 95630PHONE: (916) 361-0100 or (800) 750-2111E-MAIL: ⁠[email protected]⁠ FAX: (916) 361-0191WEBSITE:www.PlannedSolutions.com